Skip to main content

About your Search

Q & A 3
Search Results 0 to 2 of about 3 (some duplicates have been removed)
Sep 5, 2010 8:00pm EDT
on that the wall street firms have become the dump money at the poker table. somehow, these firms that used to be the smart money, the last thing you wanted to do is be on the other side of solomon brothers trades. what had happened is that somehow the firm's had turned stupid. they became the dump money. -- dumb money. the question was, if they were the dumb money, who was the smart money? as he said that you let him to steven eisman. who is he and why was that important to this story? >> i think that his task was going to be different from what it originally was going to be. we started speaking in march of 2008. his perspective was fresh and he just wanted to learn. it was not until september 2008 that steve eisman was even mentioned during conversation. he asked me about investors that were involved in buying the brokers and investing in brokers and have now become demoralized by the spirit of the brokers and would never invest in brokers again. there was this group the was investing in brokerage companies, but there was also a group that invested in a different type of game. i told him
Search Results 0 to 2 of about 3 (some duplicates have been removed)